Pluto TV is an Internet-based TV platform operated by Pluto Inc. The company was founded in 2013 and is based in Los Angeles, California. Pluto TV runs as an app on 14 platforms, including AppleTV, Android TV, Amazon Fire TV, Chromecast, Roku, and PlayStation consoles. The company currently has more than 75 content partners, over 100 free channels, and reaches over 6 million monthly active users. Pluto TV generates revenue from video advertisements between programming, with plans to remain a free television provider. Pluto TV's licenses its content directly from providers.
Video Pluto TV
History
In 2014, Pluto TV raised $13 million in Series A funding.
In July 2015, Pluto TV signed a deal with Hulu to distribute Hulu's free video content. In October 2015, they added 20 additional channels, bringing the total number of additional channels to above 100. On May 15, 2016, Pluto TV signed a deal with Sony to launch the Pluto TV app on the PlayStation Store for the PlayStation 3 and PlayStation 4.
In 2016, the company raised $30 million in Series B venture capital funding, valuing the company at $140 million. The round was led by German TV station ProSieben, with additional funding from telecommunications company Sky UK . Pluto Inc. added a chief programming officer role in April, 2017.
In 2017, Pluto TV added a large library of on-demand movies and television shows. Variety reported that as of May 2017, the service was averaging 6 million users per month, and was rated one of the most-watched apps on Roku, as of October 2017. A channel dedicated to movies from The Asylum was added in June 2017.
As of February 2018, Pluto had over 100 channels, including live news and sports.
Maps Pluto TV
References
Official websites
- Official website
Source of the article : Wikipedia
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